Common use of Annual Targets Clause in Contracts

Annual Targets. The Minimum Stock Price, TSR Performance Targets and Peer Group REITs for the 2013 Performance Period are set forth on Schedule A attached hereto. On or before the end of the first fiscal quarter of each year during the Performance Period, the Committee shall communicate to the Recipient the Minimum Price Condition, Absolute TSR Thresholds, Relative TSR Thresholds and Peer Group REITs (if changed from the prior year); provided that any changes to the Peer Group REITs for a Performance Period must be approved by the Committee prior to January 1 of such Performance Period. If not so communicated to the Recipient by March 31 of such Performance Period, the prior year targets shall apply.

Annual Targets. The Minimum Stock Price, TSR Performance Targets and Peer Group REITs for the 2013 Initial Performance Period are set forth on Schedule A attached hereto. On or before the end of the first fiscal quarter of each the first year during of any Performance Period subsequent to the Initial Performance Period, the Committee shall communicate to the Recipient the Minimum Price Condition, Absolute TSR Thresholds, Relative TSR Thresholds and Peer Group REITs (if changed from the prior yearPerformance Period); provided that any changes to the Peer Group REITs for a Performance Period must be approved by the Committee prior to January 1 of such Performance Period. If not so communicated to the Recipient by March 31 of such Performance Period, the prior year targets shall apply.